Am I Next? Layoffs at Thompson Cigar.

Copenhagen, Denmark-based Scandinavian Tobacco Group, a manufacturer of cigars and traditional pipe tobacco, acquired Tampa, Florida-based Thompson Cigars, a 104-year-old mail-order tobacconist, in 2018 for $62 million and has decided to restructure operations.

According to a company spokesperson, there is a plan to close the New York outlet store and consolidate their online and mail-order activities in the Cigars International facility located Bethlehem, Pennsylvania. The layoffs will commence in late June 2019. This will result in a layoff of 112 employees who are not eligible to transfer to the new location.

At the time of acquisition, the company noted, “Thompson provides Scandinavian Tobacco Group access to a substantial and attractive customer base, auction and retail websites as well as a retail store and a call center facility in Tampa” After the acquisition closed, employees were informed that operations would transitioned to Pennsylvania and that “significant cost synergies will benefit of customers and shareholders.

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere ... are you now wondering, Am I Next?